Scan to download
BTC $67,811.95 +1.42%
ETH $1,953.60 -0.41%
BNB $609.60 +0.56%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $554.69 +0.84%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%
BTC $67,811.95 +1.42%
ETH $1,953.60 -0.41%
BNB $609.60 +0.56%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $554.69 +0.84%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

incr

Metaplanet responds to "dishonest information disclosure": it is inconsistent with the facts, and the long-term systematic strategy of increasing BTC holdings remains unchanged

The CEO of Japan's Bitcoin treasury company Metaplanet, Simon Gerovich, posted on the X platform in response to an anonymous account inciting public opinion without accountability and accusing the company of "dishonest information disclosure." He stated that the related claims are inconsistent with the facts, and both he and the company are willing to take public responsibility for all actions and statements. The company's long-term systematic strategy of increasing Bitcoin holdings remains unchanged.Simon Gerovich stated that over the past six months, against the backdrop of rising volatility, the company has increased its allocation to income-generating businesses by selling put options and employing spread strategies to obtain premiums, while allocating part of the funds for long-term Bitcoin holdings. All Bitcoin purchases are disclosed immediately after decisions are made, and all Bitcoin addresses of the company are public, allowing shareholders to view the holdings in real-time dashboards. In response to the accusation of "buying at high levels in September without disclosure," he mentioned that there were four purchases made in September, all of which were announced in a timely manner. The company's strategy is not about timing the market but rather about long-term, systematic accumulation of Bitcoin.Additionally, selling put options is not merely a bet on price increases, but rather a way to acquire Bitcoin at an effective cost below the spot price. Regular losses mainly stem from the unrealized fair value fluctuations of Bitcoin that are held long-term and not sold, and interpreting this as a strategic failure is a misunderstanding.

Aptos updates token economic model: supply capped at 2.1 billion, Gas fees increased by 10 times, and buyback plan initiated

Aptos announced an update to the APT token economic model, shifting to a performance-driven token supply mechanism that links APT supply to the actual usage of the network. Specifically, this update includes the following seven items:Reduce staking reward rate and incentivize long-term stakers. The Aptos Foundation has proposed to lower the annual staking reward rate from 5.19% to 2.6%. Additionally, the Aptos Foundation is exploring a governance proposal to change the staking framework to better align incentives with long-term network participation.Increase Gas fees by 10 times. Aptos is currently one of the lowest-cost blockchains, and given the current transaction fees are so low, the Aptos Foundation will propose to increase Gas fees to 10 times the current amount through governance proposals. After the increase, the transfer fees for stablecoins on the network will still be as low as approximately $0.00014.Transaction utilization and fees. A new deflationary mechanism will be introduced through the decentralized exchange protocol Decibel on the Aptos chain, where high-frequency trading activities will significantly consume and destroy APT. Currently, all forms of transactions paid in APT on the network, or "gas fees," will be permanently destroyed. Decibel, incubated in collaboration with Aptos Labs and the Decibel Foundation, represents one of the first fully decentralized exchanges where all trading activities are executed on-chain: every order, match, and cancellation is executed on-chain. With 100% on-chain execution, the launch of Decibel's mainnet will greatly enhance the transaction throughput of the Aptos blockchain.Hard supply cap fixed at 2.1 billion APT. Once approved by the community, no new tokens will be minted beyond this cap.Foundation permanently locks 210 million APT. The Aptos Foundation will ensure that 210 million APT are locked and permanently staked in the network. These tokens will never be sold or distributed and will be permanently locked.Performance-linked grant issuance. In the future, the Aptos Foundation will primarily focus on providing future grants and rewards that will only be redeemed upon achieving key milestones related to Aptos's role as a "global transaction engine."Launch a programmatic buyback plan. The Aptos Foundation has committed to exploring a protocol buyback plan or reserve that will programmatically buy back APT on the open market based on market opportunities.
app_icon
ChainCatcher Building the Web3 world with innovations.